Indianapolis Business Journal

It's no secret that the top executives at public companies receive fat paychecks. This week, IBJ uncovers the goodies ladled on top of that compensation. Using public records, reporter Dan Human finds that some officers at Indiana's top public firms spent tens of thousands of company dollars on personal expenses such as travel, golf club memberships and financial advisers. Also in this issue, learn about the $171 million rounded up by a local private investment firm to invest in other companies. And in Focus, J.K. Wall details how mobile apps designed to improve users' health could be a real threat to Indiana's established life-sciences giants like Eli Lilly and Co., Roche Diagnostics Corp., and  Cook Medical Inc.

College sports as we know them could change virtually overnight, and athletic porgrams could watch their budgets shrink by half, depending on the outcome of a lawsuit against the Indianapolis-based NCAA. Anthony Schoettle examines the potential consequences of the anti-trust case brought by a former UCLA player, which could become a class action in June. In Focus, learn about the comeback staged by credit unions in central Indiana, with profits climbing 45 percent statewide. And walk the halls of Howe High as a new charter school operator struggles to turn around the troubled school with declining enrollment. J.K. Wall presents a case study in revamping an institution.

It’s been under construction in downtown Indy for six years and has cost $63 million, but many people still don’t have a handle on what it is, exactly. In this issue, Lou Harry takes an in-depth look at the genesis and possible long-term effects of the Cultural Trail. Plus, we weigh in with an editorial and a first-person account of walking the whole 7.5-mile enchilada. Also, Anthony Schoettle serves up a story on the rapid rise of enrollment at the city’s culinary schools, and what that means to the local hospitality industry. Plus, Scott Olson strikes out to the new Stadium Lofts apartment project, a redevelopment of old Bush Stadium.

This week, thrill to the life story of Bill Shirk, a professional escape artist who built a radio empire in central Indiana – and remains a player in the industry at age 67. Zionsville’s brick-laden retail district is still hanging in there as well, but some key vacancies have economic development officials scrambling for an extensive market study. In Focus, Anthony Schoettle spells out the major upgrades planned for the Brickyard, aka the Indianapolis Motor Speedway, which include lights for night racing. And in A&E, Lou Harry breaks down the lineup at Spotlight, a fundraiser featuring a cavalcade of lesser-known but more-than-impressive artists in Indy.

This week, learn how local TV stations are preparing for a major sea change in the weather-broadcasting environment: the return of Angela Buchman. The immensely popular meteorologist will make her debut soon on WTHR-TV Channel 13 after parting ways with WISH-TV Channel 8, and all the competitors are fine-tuning their weather-casting teams in response. Also, find out how a local investment group is taking a shot at bringing pro hockey back to Indianapolis. In A&E, Lou Harry weighs in on the ritzy Plat 99, the latest addition to the CityWay dining lineup downtown. And in Focus, test your knowledge of downtown’s architectural landscape with a 20-landmark quiz on signature design details.

This week, learn about how food-truck operators are struggling to migrate to communities north of Marion County like Zionsville and Fishers, as different cities and towns pose an array of permits and regulations for doing business. Lou Harry kicks of IBJ's expanding arts coverage with a sneak peek at Butler University's new $15 million theater, and then his take on the Indianapolis Museum of Art's exhibit featuring the emotionally direct works of Ai Weiwei. And in Focus, Scott Olson testifies the free fall in admissions to state law schools as prospective students weigh heavy debt versus light job prospects.

This week, learn how health care reform is leading the Indiana University Health system to cut 20 to 25 percent of its expenses over the next four years—as much as $1.2 billion annually. There’s more on the medical front in Focus, where J.K. Wall presents a case study in the vagaries of billing—a married couple who paid widely different amount for the same therapy at different hospitals. And don’t miss Kathleen McLaughlin’s special report on the Center Township Trustee Eugene Akers and questions about how he’s spending taxpayers’ money.

This week, forget about partisan bickering on Obamacare and read about how three Indianapolis businesses will approach insuring their employees when reform takes effect. Anthony Schoettle reports on an ambitious plan to overhaul the management teams for the Indianapolis Motor Speedway and IndyCar Series. In Focus, learn about how the massive Chrysler and General Motors plants in Kokomo are taking different paths to prosperity. Also in this issue is IBJ's annual Golf & Travel Magazine, with the lowdown on nearly every course in the state and a report on how the 2012 drought has heated up competition. And in Forefront, take a front seat to the debate over how the state Republican party will handle its newly dominant position in Indiana politics.

This week, find out what's next for Carmel's Center for the Performing Arts, which is working to improve attendance while stabilizing its finances, and the parent company of Steak n Shake, which some stock analysts believe is undervalued by Wall Street. In At Home Quarterly, learn why homes in Indy's most desirable neighborhoods are selling at a furious pace. And in A&E, see what we thought of the new downtown location for Patachou's Napolese.

This week, find out why the sport of distance running is accelerating and read about HHGregg's new survival strategy. In Focus, meet the entrepreneurs at the helm of three promising startups. And in A&E, see what we thought of local restaurateur Greg Hardesty's Room Four.

This week, find out why Indianapolis police are keeping an eye on downtown valets, and read about Carmel's plans for a 7-acre site on Range Line Road. In Focus, see how Kite Realty Group is growing by making over existing strip malls. And in A&E, Lou Harry learns how the West was strummed at the Eiteljorg Museum's new guitar exhibit.

This week, meet the Indiana Pacers executive who literally wrote the book on teamwork and read about why central Indiana's mass transit bill faces a tough road in the Senate. In Focus, see how First Internet Bank is leveraging is online roots. And in Forefront, columnists ask Gov. Mike Pence not to cut taxes. Say what?

This week, find out which insiders at Indianapolis-area public companies are selling shares to cash in on the market's surge. Also, read about a new microbrewer's plans for a near-east-side bottling house. In Focus, see what planners hope to see in a transit terminal downtown. And in A&E, etc., Lou Harry shares his take in the Indiana State Museum's new Abe Lincoln exhibit.

This week, learn about Anthem's new "exclusive provider" health insurance network and find out why Allos Ventures raised $40 million to help early-stage tech firms. In Focus, reporter Chris O'Malley takes a look at the Indiana coal industry's scramble to save its future. And in A&E, Lou Harry offers his views on local improv troupe ComedySportz.

This week, meet the creative sisters at the helm of local snack sensation Just Pop In! and find out why the state will spend $281 million on a 27-mile stretch of Interstate 69. In Focus, read about why some local convention promoters think Indianapolis is losing its competitive edge. And Greg Andrews takes a look at the Marsh family's downfall.

This week, meet the up-and-coming Indianapolis leaders selected for IBJ's "Forty Under 40" Class of 2013. Find profiles and video interviews with a group that includes designers, doctors, professors, lawyers, entrepreneurs, corporate executives and not-for-profit CEOs. Plus, we ask these serious people a silly question, uncovering some surprisingly revealing answers.
 

This week, learn about state legislation that would make it easier for utilities to boost their rates and find out why a local marketing firm wants clients to focus on employees instead of customers. In Focus, see how HIllenbrand Industries is diversifying its business. And A&E, etc. columnist Bruce Hetrick reflects on the common threads in recent speeches from President Obama and Gov. Mike Pence.

This week, read about how Hamilton Town Center has transformed a once-sleepy highway interchange and find out what a downtown soccer stadium could mean for Indianapolis. In Focus, learn about a potent new tool that could help employers control health care costs. And Greg Andrews explores HHGregg's response to falling television sales.